In the past couple of years, there seems to be a growing appetite among individual investors for Systematic Investment Plans (SIPs). As a result, their total number rose to 9.3 million in March, from 5.2 million in March 2014. The amount invested each month through these plans more than doubled from Rs 1,206 crore to Rs 2,747 crore over this period. Given this, fund houses are trying to make it easier for customers to get into these. They are also offering interesting tweaks to this feature.
India's wealthy opt for term insurance policies worth Rs 5-20 crore: Report
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